§ 290i–4 - Restrictions

CHAPTER 7— INTERNATIONAL BUREAUS, CONGRESSES, ETC. › SUBCHAPTER XXIV— AFRICAN DEVELOPMENT BANK

(a) [Fn: So in original. No subsec. (b) has been enacted.] Unless authorized by law, neither the President, nor any person or agency, shall, on behalf of the United States—

(a)(1) subscribe to additional shares of stock of the Bank;

(a)(2) vote for or agree to any amendment of the agreement which increases the obligations of the United States, or which changes the purpose or functions of the Bank; or

(a)(3) make a loan or provide other financing to the Bank, except that funds for technical assistance may be provided to the Bank by a United States agency created pursuant to an Act of Congress which is authorized by law to provide funds to international organizations.